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yvenie ocazoove 3. During 2020, Taxpayer purchased machinery costing $20,000 and a warehouse costing $160,000. Assume that these are the only two acquisitions of depreciable

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yvenie ocazoove 3. During 2020, Taxpayer purchased machinery costing $20,000 and a warehouse costing $160,000. Assume that these are the only two acquisitions of depreciable property purchased by Taxpayer during 2020. What is the maximum Code Sec. 179 deduction available to Taxpayer on his/her 2020 Form 1040? A. $ 60,000 B. 80,000 C. 20,000 D. 25,000 E. None of the above

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